Zambia Composite PMI 2017-2018 | Data | Chart | Calendar | Forecast

The Stanbic Bank Zambia PMI increased to 51.2 in April of 2018 from 50.7 in March. The reading pointed the fastest expansion in private sector activity since December 2017, as business activity increased for the first time in the year. Also, new business and purchasing activity advanced while new orders rose at a softer pace and employment stabilized. On the price front, input prices dropped slightly while output inflation rose marginally. Composite Pmi in Zambia is reported by Markit Economics.

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Zambia Composite PMI

The Stanbic Bank Zambia Purchasing Managers’ Index is based on data compiled from monthly replies to questionnaires sent to purchasing executives in approximately 400 private sector companies, which have been carefully selected to accurately represent the true structure of the Zambian economy, including agriculture, construction, industry, services and wholesale & retail. The panel is stratified by GDP and company workforce size. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. A reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. The Purchasing Managers’ Index™ (PMI™) is a composite index based on five of the individual sub-components with the following weights: New Orders - 0.3, Output - 0.25, Employment - 0.2, Suppliers’ Delivery Times - 0.15, Stock of Items Purchased - 0.1, with the Suppliers’ Delivery Times sub-component inverted so that it moves in a comparable direction. This page provides - Zambia Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Composite PMI - actual data, historical chart and calendar of releases - was last updated on May of 2018.